What will his net pay for the week be if he earns


B. Smith is a manager for Alve COrp. His earnings are subject to deductions for Social Security, Medicare, and FIT. B. Smith is $950 below the maximum for Social Security. What will his net pay for the week be if he earns $1200? B. Smith is married, paid weekly, and claims three exemptions. Assume Social Security rate is 6.2% on $87900 and Medicare is 1.45% Use the percentage for FIT

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Accounting Basics: What will his net pay for the week be if he earns
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